Why International Game Technology Stock Jumped 13% Today

Why International Game Technology Stock Jumped 13% Today

Analyst Benjamin Chaiken at Credit Suisse Group upped their price target for IGT stock from $35 per share to $36 per share. In the case of today's upgrade, the price target didn't even move much. IGT has been a key supplier to the gambling industry for a long time, and now its challenge is building a business in serving the growing online gambling business.